Versace Net Worth (Updated 2026).
Gianni Versace, the Italian fashion designer, launched his career in the vibrant world of fashion in the late 1970s. Born into a family of tailors, Versace’s passion for design was ignited at an early age, leading him to study at the Accademia d’Arte Escorza in Florence. After honing his skills, he moved to Milan in 1972, where he worked for several prominent fashion houses, including Genny and Complice.
In 1978, Versace took a leap of faith and established his own fashion label, Versace, with his sister Donatella and brother Santo by his side. The brand quickly gained recognition for its bold, glamorous, and sexy designs, which were heavily influenced by Versace’s admiration for the opulence of the ancient Roman and Greek empires. His signature style, characterized by vibrant colors, bold prints, and intricate detailing, soon caught the eye of international fashion critics and celebrities alike, catapulting Versace to global fame.
**Versace’s Current Net Worth (as of 2025)**
Gianni Versace’s fashion empire, now led by his sister Donatella, has an estimated net worth of $2 billion in 2025. This figure reflects the global success of the Versace brand, which is renowned for its luxurious, glamorous, and distinctive designs.
**Career**
Gianni Versace founded his namesake fashion house in Milan, Italy, in 1978. He revolutionized the fashion industry with his bold, sexy, and provocative designs, making Versace a symbol of luxury and glamour. Donatella Versace, the current creative director, continues to push the brand’s iconic aesthetic forward.
**Other Ventures**
Versace has expanded beyond its ready-to-wear and couture lines, venturing into accessories, fragrances, home decor, and even a luxury resort in the Maldives. These diversified offerings have contributed significantly to the brand’s overall revenue and global presence.
**Assets**
The Versace brand owns numerous retail stores worldwide, with a significant presence in major fashion capitals such as New York, Paris, and Milan. Additionally, Versace holds valuable intellectual property rights, including its iconic Medusa logo and distinctive designs, which are protected by trademarks and copyrights.
**Annual Income**
In 2021, the Versace Group generated an annual revenue of approximately $1.7 billion. This figure is an indicator of the brand’s ongoing success and its ability to maintain its status as one of the world’s leading luxury fashion houses.
Frequently Asked Questions about Versace
**Q1: What is Versace’s net worth?**
Versace’s net worth is estimated to be around $2 billion.
**Q2: Who is the current CEO of Versace?**
Jonathan Akeroyd is the current CEO of Versace. He succeeded Gian Giacomo Ferraris in 2019.
**Q3: When was Versace founded?**
Versace was founded in 1978 by Gianni Versace, his sister Donatella Versace, and their brother Santo Versace.
**Q4: Where is Versace headquarters located?**
Versace’s headquarters is located in Milan, Italy.
**Q5: What is Versace’s main product line?**
Versace is known for its luxury fashion products, including clothing, accessories, shoes, and fragrances.
**Q6: Who designed the iconic Medusa head logo for Versace?**
Gianni Versace designed the Medusa head logo himself, using it for the first time in 1993.
**Q7: What happened to Gianni Versace?**
Gianni Versace was tragically murdered outside his Miami Beach home in 1997.
**Q8: Who took over Versace after Gianni’s death?**
After Gianni’s death, his sister Donatella Versace took over as the creative director, and his brother Santo Versace took over as CEO.
**Q9: Is Versace a public or private company?**
Versace is a private company. In 2018, it was sold to Michael Kors Holdings Limited, which later changed its name to Capri Holdings Limited.
**Q10: What is the Versace family’s involvement in the company today?**
Donatella Versace remains the creative director of the company, while Santo Versace serves as a vice-chairman. They both retain a minority stake in the company.
